with a majority of baby boomers, Gen Xers, and millennials all reporting they owe money. Not only are most Americans indebted, but having lots of different types of debt is common, too — including.

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baby boomers Are Ready to Retire; Their Debt Isn’t. and it would help ensure they don’t run out of money too soon. If you still carry debt and you have the option to delay retirement for one or.

The Baby Boomers-those born between 1946 and 1964-were the first.. To lenders, student loan debt has traditionally signaled that an individual had a.. workforce programs is the problem of education and student debt.

 · Consumer debt is not something reserved solely for people with failing businesses and the young who accrued overwhelming debt due to student loans.No, there is a growing and alarming trend of baby boomers and senior citizens to struggle with debt when they are already at.

RBA cuts interest rate for first time in almost three years – Money magazine  · In my opinon people need to look at future interest rate movements through the prism of game theory. Neither of which is very bullish for property in the medium term. If economic conditions are bullish overall, then RBA increases interest rates: big negative. If economic conditions deteriorate, then RBA may cut interest rates.

The tag of being a Baby Boomer is a lot better then being called “The Entitled”. I suspect “the entitled”, once faced with a real challenge will walk away leaving mom and pop with another lost investment along with the burden of housing them. Me, I am a baby boomer, right smack in the middle, at age 58.

Nearly three-fourths of respondents did not expect to be repaying student loans at this stage of their lives, and among baby boomers alone, that number jumped to 94 percent, he said.For many baby boomer employees, the student loan debt was incurred because they have co-signed on a loan for either a child (71 percent), a spouse (21 percent) or a.

The student loan debt crisis has hit the baby boom generation. Roughly 4% of Americans between ages 65 to 74 carried federal student loan debt in 2010. This figure is up from 3% in 2004 according to a report by the governmental accountability office (gao). senator Bill Nelson (D-FL) was the first to recognize the problem:

‘Retired Inspired’ author Chris Hogan explains why baby boomers are facing financial challenges when it comes to retirement savings.

The “it” being the so-called ongoing feud between Baby Boomers, (those born between 1946-1964), and the Millennials (those born between 1981-2000). With unemployment a serious issue, student debt a.